Forex

The foreign exchange reserves of Indonesia surged, driven by robust tax revenues and foreign loan withdrawals. Learn how this helps the economic stability in Indonesia.

The U.S. dollar hovered near three-week lows on Friday, anticipating the release of payrolls data that could influence the outlook for interest rates. Meanwhile, the pound remained firm as the Labour party seemed poised to secure a significant majority in …

The loonie strengthened to a one-month high against its U.S. counterpart on Thursday. This rise occurred as the greenback posted broad-based declines ahead of domestic jobs data, which could influence expectations for further interest-rate cuts by the Bank of Canada.

The Brazilian real strengthens as expectations of a dovish Fed policy rise. Learn about the market implications and key factors influencing the performance of BRL.

The New Zealand dollar (NZD) appreciated to $0.611 against the US dollar (USD) as soft labor market data and weaker-than-expected services activity in the US fueled speculation about potential Federal Reserve rate cuts later in the year.

The USDSGD currency pair is bound in a range on expectations of the US ISM services PMI and the non-farm payrolls report, scheduled for later today and Friday respectively.

Key points: The dollar gained strength due to rising U.S. Treasury yields, affecting low-yielding currencies like China’s yuan and Japan’s yen. The yen hit its lowest level since 1986 against the dollar, sparking concerns of potential intervention by Japanese authorities. …

Key points:  The US dollar index fell following PCE inflation data showing unchanged prices in May.  Markets shift focus to the upcoming nonfarm payrolls report for further market direction. Market expectations for Fed rate cuts this year increased after inflation …

Key points: Euro gains after France’s election, reflecting reduced fears of far-right fiscal policies. Yen declines as Japan’s revised economic data show a larger contraction. On Monday, the euro rose following the first round of France’s snap election, which put …

Key points:  The Mexican peso weakens to 18.4 per USD, nearing 15-month low of 18.75.  Banxico maintains interest rates at 11% with rising inflation.  Unemployment drops to 2.6%, trade surplus at $1.99 billion.  The Mexican peso weakened to 18.4 per …